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PROPERTY AND EQUIPMENT
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

Property and equipment as of June 30, 2022 and December 31, 2021 is summarized as follows:

  

   June 30, 2022   December 31, 2021 
Machinery and Equipment  $7,932,855   $4,816,756 
Furniture and Fixtures   6,128    - 
Land   91,411    - 
Leaseholder Improvements   234,751    - 
Subtotal   8,265,145    4,816,756 
Less accumulated depreciation   (2,247,097)   (1,911,719)
Property and equipment, net  $6,018,048   $2,905,037 

 

Depreciation expense for the three months ended June 30, 2022 and 2021 was $201,986 and $0, respectively. Depreciation expense for the six months ended June 30, 2022 and 2021 was $336,117 and $0, respectively.